This Vehicle is Sold


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Transfer Details

Lease Takeover in Hamilton, ON: 2018 BMW M2 Manual 2WD
SAVE ~14,200 CAD
CAD/month x 28 months
2018 BMW M2 (ID: #4069)
598
Hamilton, ON
2018 BMW

M2 Manual 2WD w/ M Exhaust & Warranty Complete Term

  • Warranty Complete Term
Payment Details
  • Current Payment: 598 CAD/month + tax
  • Original Downpayment: 15,000 CAD
  • Residual Value: 38,000 CAD
  • Months to End: 28 months (Dec, 2021)
Vehicle Status
  • Contract Allowance: 16,000 km/year
  • Current Odometer: 10,500 km total
  • Available Now: 21,214 km/year (1,768 per month)
  • Excess Km Cost: 0.30 CAD/km
Deal Special Perks
  • Hot Lease Takeover Deal
  • Large Down Payment
  • High End Vehicle & Options
  • Lots of FREE Available Km
Perks are determined by LeaseCosts Canada Inc. and not by the person who listed the vehicle.
SOLD/TRANSFERRED

Payment Analysis

598.48CAD/monthin Hamilton, ON
    Before Taxes:
  • 598.48 CAD/month
  • 276.22 CAD/bi-weekly
  • 138.11 CAD/week
  • 7,181.76 CAD/year
Incl. Ontario Taxes (13%):
  • 676.28 CAD/month
  • 312.13 CAD/bi-weekly
  • 156.07 CAD/week
  • 8,115.39 CAD/year

Estimate Insurance Costs

 

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Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

With this deal, you are saving: 14,224 CAD

compared to leasing a BRAND NEW:

  • BMW M2 Coupe w/ Manual Transmission
  • for 36 months
  • in Ontario
  • $0 down payment
  • 16,000 km/year
Savings Breakdown:
Leasing New (CAD/month) 1,106
This Contract (CAD/month) 598
Monthly Difference 508 CAD/month
Remaining Term x 28 months
Total Monthly Difference = 14,224 CAD
Total Savings (CAD) = 14,224

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 54,757 CAD
  • Total Vehicle Debt: 79,932 CAD
  • Paid so Far: 25,174 CAD (31% Paid)
  • Remaining Lease Payments: 16,757 CAD
  • Residual Value: 38,000 CAD
  • Cash Incentive: 0 CAD
Vehicle Debt & Value
Paid so far: 25,174 CAD Total Vehicle Value: 79,932 CAD
31% Paid
69%
Vehicle Debt Breakdown
Downpayment: 15,000 CAD Remaining Term: 16,757 CAD
Term Paid so Far: 10,174 CAD Residual Value: 38,000 CAD
18%
13%
21%
48%
Cost to Own
Already Paid: 25,174 CAD (31%)
Cash Incentive: 0 CAD Buyout Price Today: 54,757 CAD
31% Paid
0%
69%
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 54,757 CAD

  • 4.9%Interest Rate x 48 months
  • 1,259 CAD/month + tax
  • Total Payable: 60,410 CAD
  • Total Interest: 5,653 CAD
  • 8.9%Interest Rate x 48 months
  • 1,360 CAD/month + tax
  • Total Payable: 65,282 CAD
  • Total Interest: 10,525 CAD
  • 14.9%Interest Rate x 48 months
  • 1,521 CAD/month + tax
  • Total Payable: 73,016 CAD
  • Total Interest: 18,259 CAD

At the end of the Lease Contract

Residual Value: 38,000 CAD (in 28 months)

  • 4.9%Interest Rate x 48 months
  • 873 CAD/month + tax
  • Total Payable: 41,923 CAD
  • Total Interest: 3,923 CAD
  • 8.9%Interest Rate x 48 months
  • 944 CAD/month + tax
  • Total Payable: 45,304 CAD
  • Total Interest: 7,304 CAD
  • 14.9%Interest Rate x 48 months
  • 1,056 CAD/month + tax
  • Total Payable: 50,671 CAD
  • Total Interest: 12,671 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)

Distance Analysis
Cost to drive 100km: (CAD)
33.85
  • + tax
  • + fuel
  • + insurance
(or 0.34CAD per km)
  • 44.89CAD/100km (Original Contract back in Mar, 2018)
Time Analysis
Cost per day: (CAD)
19.68
  • + tax
  • + insurance
  • + km driven & fuel
(0.12CAD savings per every 100CAD of incentive)
Remaining Km
Can be driven up to:
407.97
  • km/week
  • without any
  • additional costs
Excess km cost: 0.30CAD
  • 307.69km/week (Contract Original back in Mar, 2018)

Seller Contact Info

This Contract was Already Transferred.

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